Category: Investor’s Corner

Sean Roosen, Chair and Chief Executive Officer of Osisko Development said, “The Tintic acquisition added another cornerstone asset to the portfolio and enhances our operating platform in a world-class mining jurisdiction. We are excited about the quality of exploration targets at Trixie, and the areas beyond Trixie within the large wholly owned district. At Cariboo, we are pleased with the progress to date. The ongoing work at the project has advanced our permitting process and bringing us closer to further major milestones.”

US Antimony Corporation (USAC) has entered into a Purchase Option agreement with SB Wadley SA de CV. The agreement has been in negotiations since Nov 22 2021 and was finally signed by both parties on 8 Aug 2022.

“We have continued to outperform our mine plans, by delivering an exceptional Q2 with production 15% above plan, stated Dan Dickson, CEO of Endeavour Silver.

The net proceeds of the Offering will be used for general working capital and exploration activities on the Company’s Santa Maria property, located in Parral, Mexico.

Prime Meridian Resources Corp. announces a non-brokered private placement offering of units at 5 cents per unit for gross proceeds of up to $1.5 million.

“In 2021, First Majestic achieved record production of 26.9 million silver equivalent ounces representing a 32% increase compared to the previous year. This record was in part due to our focus on responsible and sustainable mining integrated with our vision to become the world’s largest primary silver producer,” stated Keith Neumeyer, President and CEO.

The Company believes that it will be able to file its annual report on Form 10-K for the year ended December 31, 2021, its quarterly report on Form 10-Q for the quarter ended March 31, 2022 and its quarterly report on Form 10-Q for the quarter and year to date periods ended June 30, 2022 in the fourth quarter of 2022.

Chairman and CEO James Anderson commented, “We look forward to integrating our new assets with current operations expeditiously. GSilver plans to restart the San Ignacio mine as soon as practicable, and deliver its silver and gold mineralized material to our El Cubo plant for processing.”

Great Panther Mining Limited reports that it has closed the previously announced sale of its Mexican subsidiary Minera Mexicana El Rosario S.A. de C.V., which owns the Guanajuato Mine Complex, the Topia mine, and the El Horcón and Santa Rosa projects, to Guanajuato Silver Company Ltd.

All three of our mines continue to deliver strong operational and financial results with each generating positive free cash flow,” said Phillips S. Baker Jr., President & CEO.